Word: gao
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Dates: during 1990-1999
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...Most everybody seems to know," the GAO's Croke said Friday. "[Huidekoper] was aware of it. It wasn't a surprise...
Early Friday morning, the GAO's Boston regional office telephoned Elizabeth C. Huidekoper, Harvard's director of the office of budgets and sponsored research. Huidekoper learned that the GAO would be coming to investigate, according to Kenneth J. Croke, an assistant manager for the federal office...
While the debate over federal funding continues, congressional cutbacks and belt tightening has brought the GAO to Palo Alto, Calif. and, recently, to Cambridge...
...meantime, Greenspan also urged federal regulators to take a hint from the GAO report released last week and try to tighten their supervision of banking operations. The report noted that 22 of the 406 banks that failed in 1988 and 1989 never appeared on the FDIC's problem-bank list. "Banks have been able to hide their nonperforming loans," contends Robert Litan, a banking expert at the Brookings Institution. Such subterfuge would be more difficult if banks were to undergo annual on-site inspections. Until 1956 federal regulations required two such audits a year, but by the 1980s some banks...
...tests conducted at Sandia National Laboratory in Albuquerque, the GAO discovered that the 94-lb. powder bags used in the Iowa's 16-in. guns could ignite if rammed into the breech at high speed. More significantly, traces of calcium and chlorine found in the cannon did not prove that the blast had been set off by a saboteur's detonator; similar residues were detected in the gun turrets on two other battleships. After confirming the GAO tests, the Navy suspended live cannon fire on all four of its battleships and reopened its investigation of the Iowa tragedy. Physical evidence...